An SBA 7(a) loan is the Small Business Administration’s most popular loan program. It’s designed to help small businesses access affordable, long-term financing through approved lenders. The SBA doesn’t lend the money directly; instead, it guarantees a portion of the loan, making it safer for banks and lenders to approve businesses that might not qualify for traditional financing. SBA 7(a) loans can be used for a wide range of business needs, including working capital, purchasing equipment or inventory, refinancing high-interest debt, buying or expanding a business, or purchasing commercial real estate.
• Low Interest Rates
Rates are typically much lower than traditional business loans, making monthly payments easier to manage.
• Long Repayment Terms
Up to 10 years for working capital and 25 years for real estate, reducing payment pressure and improving cash flow.
• High Loan Amounts
Borrow up to $5 million for expansion, working capital, real estate, equipment, or business acquisitions.
• Flexible Use of Funds
You can use the loan for almost any business purpose—growth, debt consolidation, equipment, inventory, or buying a business.
• Easier Approval Compared to Traditional Banks
The SBA guarantee reduces lender risk, allowing more small businesses to qualify.
• Can Refinance High-Interest Debt
Great option for replacing expensive short-term loans, MCAs, or high-interest term loans.
• No Prepayment Penalty on Loans Under 15 Years
If you want to pay it off early, you save money with no added fees (except on some longer real estate loans).
• Builds Strong Business Credit
Consistent repayment helps improve your business’s financial profile for future borrowing.
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